Disclosures, Disclaimers, Terms & Conditions for Minting with Money

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By minting Erthos Credit using money, you agree to be legally bound by the following terms and conditions:

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REFUND/RETURN POLICY

There are absolutely NO REFUNDS when minting with money ("MWM").

The process of MWM entails the purchase of equity in real estate and your authorization to pledge your purchased equity toward the creation of Erthos credits. Due to the nature of the processes and transactions involved, the minting process cannot be reversed.

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Understanding the MWM Process:

To properly understand the MWM process, know the difference between buying and minting. Buying simply entails a person giving money (or other thing of value) in exchange for a pre-existing crypto coin or token (e.g., Bitcoin or Erthos). Minting, on the other hand, is the creation of new Erthos credits. The MWM process involves the purchase of equity in real estate and the authorization to convert that equity into newly minted Erthos credits.

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Purchasing equity in real estate via MWM is not the same as a traditional purchase of real estate because instead of being tied to a particular parcel of land, the equity becomes fungible and is generally represented by all the digitized property within the Erthosystem. Furthermore, the equity purchased via MWM does not come with or confer any possessory interests, equitable title, or any property rights at all to any specific piece of real estate. (To redeem or purchase a digitized property, users must obtain and hold the NFT designated for a given piece of digitized real property and burn same along with the amount of Erthos credits required for a given digitized property). 

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This site is owned, run, used by, and operated by a group of organizations and entities that make up the Erthos ecosystem (the "Erthosystem"). The Monetary Issuers Network Team ("MINT") is not a legal entity, but rather, an association of minters who have issued their own Erthos credits. Issuer Servicing Partners, LLC is a third-party service provider offering minting services through this site, including, among other things, assisting people to issue their own real estate equity-backed Erthos credits. These services further include assisting people to Mint with Property ("MWP") and assisting people to Mint with Money ("MWM").

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Customers use our minting services to purchase equity in real estate, then use their equity to mint their own asset-backed cryptocurrency. (Ex. $100 for $100 of equity they mint into $100 of asset-backed crypto (+ 3% service fee).

 

RECURRING SUBSCRIPTION PLAN (Minting with Money)

Recurring minting schedules are optional and may be canceled at any time at no cost. Regular minting schedules are in amounts set by the user, for up to one year in duration. Unless you direct otherwise, the default is a one-time order to mint a chosen amount of crypto.